IMC Chicago LLC Takes $3.10 Million Position in ProShares Ultra Health Care $RXL

IMC Chicago LLC purchased a new stake in ProShares Ultra Health Care (NYSEARCA:RXL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 67,687 shares of the company’s stock, valued at approximately $3,103,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. raised its position in ProShares Ultra Health Care by 604.9% in the fourth quarter. Osaic Holdings Inc. now owns 15,431 shares of the company’s stock worth $799,000 after acquiring an additional 13,242 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of ProShares Ultra Health Care during the 3rd quarter worth $267,000. Csenge Advisory Group purchased a new stake in shares of ProShares Ultra Health Care during the 4th quarter worth $297,000. Finally, Toth Financial Advisory Corp boosted its position in shares of ProShares Ultra Health Care by 4.7% during the 4th quarter. Toth Financial Advisory Corp now owns 9,201 shares of the company’s stock worth $477,000 after purchasing an additional 412 shares in the last quarter.

ProShares Ultra Health Care Stock Down 0.2%

NYSEARCA:RXL opened at $52.35 on Thursday. The firm’s fifty day simple moving average is $49.19 and its 200-day simple moving average is $49.56. The stock has a market cap of $79.05 million, a PE ratio of 24.86 and a beta of 1.13. ProShares Ultra Health Care has a fifty-two week low of $36.23 and a fifty-two week high of $57.41.

ProShares Ultra Health Care Company Profile

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.